South Granville Portfolio
4-building apartment portfolio, Vancouver
|Building||Wilshire House||Roman Court||Marco Court||Gatewood Apts|
|Address||1107 West 14th Avenue, Vancouver||1234 West 14th Avenue, Vancouver||1364 West 11th Avenue, Vancouver||1373 West 11th Avenue, Vancouver|
|Lot size||150’ × 125’|
|200’ × 125’|
|150’ × 125’|
|50’ × 125’|
|Storeys||3 storeys||3 storeys||3 storeys + penthouse||2 storeys|
|Units||32 units||44 units||30 units||8 units|
An unprecedented opportunity to acquire a 4-building, 114-suite rental apartment portfolio exceptionally located in the popular South Granville/Fairview neighbourhood of Vancouver’s Westside. The 4 buildings are all located within a 3-block radius of each other allowing for easy and efficient property management. Three of the four buildings are held in a bare trust.
The properties are situated in the Broadway Corridor Plan Study Area, close to the future South Granville-Broadway SkyTrain Station. The City is undertaking a two year planning program in order to devise a new Area Plan anticipated for Council’s consideration in late 2020. The plan will focus on opportunities to integrate development around the Millennium Line Broadway Extension among other key goals. The buildings are being offered for sale as a portfolio but may also be purchased on an individual basis. Call us to discuss!
The properties are located in a walker’s paradise just west of Granville Street between West Broadway & West 16th Avenue in South Granville. West Broadway and West 12th Avenue form the major east-west traffic arteries across the city (direct bus access to UBC), while Granville Street is the major nearby north-south traffic corridor which provide access to and from the downtown core and South Richmond (YVR).
Public transportation and shopping is available in the immediate area just steps away along Granville Street, Oak Street and West Broadway. South Granville’s prime retail corridor is one of Vancouver’s trendiest shopping destinations and offers tenants easy access to numerous amenities, art galleries, coffee shops, restaurants, banks and theatre, to name a few.
|No. units||Size range||Rent range|
|Bachelor||No. units16||Size range475 SF – 500 SF||Rent range$1,079 – $1,339|
|1 bedroom||No. units74||Size range664 SF – 739 SF||Rent range$1,485 – $1,566|
|2 bedroom||No. units22||Size range1,012 SF – 1,100 SF||Rent range$2,020 – $2,232|
|3 bedroom||No. units2||Size rangeN/A||Rent rangeN/A|
|Financing||Treat as clear title.|
For more information, please contact the listing agent.
The information contained herein was obtained from sources which we deem reliable, and while thought to be correct, is not guaranteed by Goodman Commercial.